I'm leaning towards going the licensed route, but happened to see this Sogotrade on the Genesis website. The commissions seem very low if I'm reading it correctly, but I am curious what you give up to get the low rates? They are showing $1.50/trade + $10 month fee, or $3 a trade no fee for rates. Am I wrong that is .0015 per side for 1000 share trades, or .00075 per side for 2000 share trade? Thats less than IB isn't it?
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If I go with retail...any words on SogoTrade?
- Thread starter tango29
- Start date
Just want to let you folks know that SogoTrade in fact doesn't have any platform fees aside from the $10 data fee for SogoElite or to get the $1.50 commission through SogoTrade.com.
SogoTrade just official launched today and you can learn more in their news release:
http://www.businesswire.com/news/google/20080610005114/en
SogoTrade just official launched today and you can learn more in their news release:
http://www.businesswire.com/news/google/20080610005114/en
I like what i see and i think they will have a shot.
It would have been better received if a big name broker had rolled out such pricing but why should they.
I still think they have a shot. Money spent on a professional naming service might have been well spent, but that's just me nit picking, it really does look good.
I hope they do well, the industry needs something like this.
It would have been better received if a big name broker had rolled out such pricing but why should they.
I still think they have a shot. Money spent on a professional naming service might have been well spent, but that's just me nit picking, it really does look good.
I hope they do well, the industry needs something like this.
trade to trade options but a message appears sorry server too busy to trade options this happen 2 consecutive days and no answer from customer service probably they just care their commisions but do not mind if i lost money because a useless system i will close my account with them and look for something better